At noon, Ben Allen, Chairman of Team Jackson, welcomed the group of 61 attendees.
Phil Reed of Voice of Calvary Ministries gave the invocation.
Allen recognized Expeditors, a global logistics company, as the Shout Out. Expeditors is a Fortune 500 company that recently located an office in Jackson at the Jackson-Medgar Wiley Evers International Airport. Spencer Errington, Branch Manager of the Jackson office, talked about the company’s one stop shop transportation service. Expeditors handles all the details of transporting products across the country or overseas, and since the company is a non-asset based business, it allows them to shop for the best services for their customers. Errington, an Ole Miss graduate, relayed how excited he was to be in Jackson and thanked Team Jackson for providing an opportunity to talk about Expeditors.
Allen then presented the luncheon Spotlight. Instead of announcing the individual to recognize, Allen provided a description of the individual to the audience until Mark Fields identified the individual, Henry Larose. Henry Larose is a local real estate professional who has lived in Jackson for over 30 years. Larose thanked Team Jackson for the recognition and talked about how he is so proud of the city of Jackson and see great things in its future.
Allen then asked if there were any announcements from the group. Jo Usry informed the group that the Jackson Association of Realtor has changed its name to the Central Mississippi Realtors. The group now covers 10 counties and the name changes reflects the change in the coverage area, but Jackson and the metro area is still very important to the association.
Allen introduced David Kelly of Chartre Consulting to discuss the Helm Place project in the Farish Street Historic District. Kelly thanked Ben and the group to allow him to talk about Helm Place and previous projects Chartre has undertaken. Chartre focuses on developing quality low-income and workforce housing. Some of the cities Chartre has housing developments in include Jackson, Hattiesburg and Pass Christian.
Helm Place is an 88 townhome development located in the Farish Street Historic District near Mt. Helm Baptist Church. Kelly described the different designs of the homes and the community center that will be located in the development. He discussed how resident that currently live in the community will have first priority in applying to live in the townhomes, and then, applications can be submitted by any interested and qualified families.
Kelly discussed how Low Income Tax Credits will help fund the project. Under the terms of the LIHTC, Chartre leases the homes to residents for 15 years, and during that time, Chartre is responsible for the maintenance of the property. After that time, the resident of the home will be able to purchase the house for $50,000. During the initial 15 years, Chartre will provide financial consulting and other services to counsel each resident on the home buying process. Also, Chartre is responsible for replacing appliances inside the home so the resident is basically buying a new home.
Kelly discussed how Chartre was not simply building a project but rather, a community. He discussed how rental property usually has high turnover rate, but in their residential developments, the turnover is extremely low. The management team focuses on getting to know the residents and helps the residents get to know one another so they can build a tight community. Kelly answered several questions and thanked everyone for the opportunity to talk about Helm Place which should begin construction this summer.
Allen thanked everyone for attending the meeting and reminded the group that the next Team Jackson University will be held on June 3 and the next Team Jackson Luncheon will be held on July 15. The meeting was adjourned at 1pm.